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State of Punjab - Section

Section 15 in The Punjab Co-operative Societies Act, 1961

15. [ Persons who may become members. [Substituted by Punjab Act No. 25 of 2014.]

- No person shall be admitted as member of a co-operative society except the following, namely:-
(a)an individual competent to contract under section 11 of the Indian Contract Act, 1872 (9 of 1872);
(b)any other co-operative society;
(c)the Government;
(d)a Public Sector Undertaking; and
(e)such class or classes of persons or associations of persons as may be notified by the Government.]